Originally Posted by TargaDave
but I actually find it entertaining to read even if I never follow the investment advice.
I also find these kinds of magazines fund to read. Even get a good idea from them once in a great while.
There is an awful lot of horrible advice, but sometimes you find a gem, or at least something that helps you find a gem.
For example, when Roths first came out, I got the idea from a magazine to do a nondeductable IRA for the year before Roth, and then convert it to Roth the next year.
I think I first learned about closed end funds from a magazine, over 10 years ago. For a while, they were over 100% of my (leveraged) portfolio.
Today, I think Smart Money might be the best of the major investing magazines. Of course, it's still 80% garbage.
I try not to pay more than $5 for a subscription to the monthlys. Sometimes they are free.